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annuity, rente

 
 

income from capital investment paid in a series of regular payments; "his retirement fund was set up to be paid as an annuity"

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Kinds of ...: annuity, rente
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kinds of:

  • annuity in advance — an annuity paid in a series of more or less equal payments at the beginning of equally spaced periods
  • ordinary annuity — an annuity paid in a series of more or less equal payments at the end of equally spaced periods
  • reversionary annuity, survivorship annuity — an annuity payable to one person in the event that someone else is unable to receive it
  • tontine — an annuity scheme wherein participants share certain benefits and on the death of any participant his benefits are redistributed among the remaining participants; can run for a fixed period of time or until the death of all but one participant

 
... is a Kind of: annuity, rente
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Definition. WordNet 1.7.1 Copyright © 2001 by Princeton University. All rights reserved.  Read more

 

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